At VC Financial Solutions, each of our life insurance products includes “living benefits.” This means that you can take out tax free withdrawals during your lifetime due to major illnesses with no restrictions on how you use the funds!
Frequently Asked Questions
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What are living benefits?Living benefits essentially allow the insured to access money from the policy’s death benefit during your lifetime due to critical, chronic, or terminal illnesses. These funds can be used to pay for expenses such as medical care, hospice or nursing home care, in-home caretakers and more. There's no restriction on the use of funds. The trade-off is that accessing living benefits reduces the death benefit available to your beneficiaries. Many policies automatically come with at least one living benefit such as terminal illness, but VC Financial Solutions offers "full complete" living benefits (such as critical, chronic, or terminal illnesses) that are included with life insurance at no additional charge. Our specialty is offering full complete living benefits with term and universal life insurance.
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How much does life insurance cost?The cost of life insurance depends on several factors, including your age, the type of policy, coverage amount, health, gender, and lifestyle. For example, a healthy 30-year-old male can secure a $500,000 20-year term policy with living benefits for just $20.73 per month, while a healthy 30-year-old female would pay only $17.57 per month for the same coverage. Living benefits are an invaluable feature, allowing you to access funds from your policy during your lifetime if you experience a qualifying illness. This provides peace of mind knowing your policy can support you in times of unexpected health challenges. However, the qualifying illness must occur during the policy term to access these benefits. This example reflects rates quoted in December 2024 and demonstrates how affordable life insurance can be while offering powerful protections.
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How can I use funds from life insurance?Life insurance provides unmatched flexibility, offering you tax-free funds to support you and your family when you need it most. Here's how: Living Benefits: If your policy includes living benefits, you can access a portion of your death benefit while you're alive, triggered by a qualifying illness. The best part? There are no restrictions on how you use these funds. Whether it's covering medical bills, replacing lost income, or managing daily living expenses, the choice is yours. Death Benefits: The tax-free payout to your loved ones can provide financial security, helping them cover immediate needs such as funeral costs, mortgage payments, or debts—giving them peace of mind during difficult times. Cash Value Accumulation: With permanent life insurance, the policy builds a cash value over time. This tax-free money can be accessed for any purpose, including emergencies, funding education, or even supplementing your retirement. Life insurance is more than just protection—it’s a powerful financial tool that adapts to your needs throughout life. Ready to learn how it can work for you? Let’s talk!
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Is it too late for me to invest for retirement?Absolutely not! It’s never too late to start planning for your retirement. While starting early allows your savings to grow over time, taking action now can still pave the way for a more secure and comfortable future. When starting later, the key is to be strategic and focused. By optimizing your approach and making intentional financial decisions, you can build a solid retirement plan tailored to your unique needs and goals. Let’s work together to create a personalized plan that helps you catch up and achieve the retirement you envision.
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What is InteliOne and how does it work?InteliOne is an independent brokerage dedicated to helping individuals and families save, protect, and preserve their financial futures. Our passion lies in empowering clients with personalized solutions and unparalleled service. Here’s what sets InteliOne apart: Trusted Partnerships: We exclusively work with top-tier, A-rated companies that have a proven track record of over 75 years, ensuring reliability and stability for your financial security. Comprehensive Services: From life insurance with living benefits to retirement planning, we tailor strategies that fit your unique goals and needs. Agent Opportunities: Looking to build a career in financial services? We can help you become a licensed agent with the flexibility to work from anywhere in all 50 states. At InteliOne, our mission is simple: to help you safeguard your future while providing opportunities to grow and succeed. Whether you're seeking financial solutions or a rewarding career, we’re here to support you every step of the way.
Meet Voy!
Hello, my name is Voy Collins
Financial & Living Benefits Specialist
I was born in Cambodia, and I believe that God has always had a plan for my life. One of my favorite verses, Jeremiah 29:11, has guided me through many challenges. As a child in a third-world country, my family did not think I would survive due to illness. However, through faith and resilience, my family and I survived the Khmer Rouge takeover and were blessed to come to this country.​
I grew up in Central Texas before moving with my family to the Houston area. Now, I reside on the north side of Houston, serving the Conroe and Montgomery areas, with my office located in Houston. My youngest of three boys attended the Montgomery school system, and I've dedicated my entire life to teaching, now continuing this passion in Montgomery.
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About four years ago, I transitioned into the role of a financial and living benefits specialist. I love connecting with my clients and helping them upgrade their life insurance with living benefits, protect their families, and secure their financial futures. I specialize in helping clients save for retirement with benefits such as premium bonuses, no market risk, lifetime income, tax advantages, freedom from probate, long-term care, and much more.
When I'm not working, I enjoy traveling and spending time with my friends and family. I would love the opportunity to educate you and secure your family's financial future. Let's chat to learn more.
